not sure what the top 300 rules are.. i am not sure there is much liquidity here.. i totally buy on the NYSE. if i need to get out i know i can there..
i recall sitting in the seed capital meeting at tigers minerals in collins street years ago and listen to the tigers guys talk this one up..
perfect timings and perfectly run outfit. with the total team capable of engineering and making a mine happen.
not sure if many understand the underlying value of a nexgen share... but if it ever gets taken over at $30 or $50 or whatever... the one rule that is set in stone.. that will remain after a takeover... every shareholder will get a share given to them, equal to the share they held.. and the new owners will be required to pay 10% of all turnover of money that the leases generate will be paid to former nexgen shareholders.. the rest (90%) is all theirs to keep...
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